Sensex loses 44 pts in choppy trade
Despite a rally in some key stocks during the last 10 minutes of trading on Friday, market players see a definite bearish undertone. In the last ten minutes of the day's trading, the Sensex recovered around 50 points and closed with a net loss of 44 points to 4748.77.
Sensex outlook mixed till 4900 points
The market remained weak on Friday. While the new economy stocks like Satyam Computer, Zee Tele, and Infosys remained weak, Reliance, and ITC managed to attact buying. However, other counters like L&T, MTNL, SBI showed negative close, and had an impact on the Sensex.
Sensex likely to gain strength in a month, rally to 5560 points
On Friday, the BSE Sensex ended the week with a close at 4748 points. For the week, the index closed with a net gain of 22 odd points over the close of the previous week.